OMX

9 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Mar 26, 2019 by Nicole Verkindt · said 12 times in 1 episodes since 2019 · across every show →

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brought up most by Nathan Latka (11), Nicole Verkindt (1)

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Everything said about OMX, oldest first

Mar 26, 2019 neutral
Disclosure
Verkindt: OMX Enterprise Sales Cycles Exceed Two Years
“The sales cycles are two plus years, which is, you know, that, that's the big challenge there is that you have to be pricing these things because they are complex sales. They have to be a bit bigger deals.”
Nicole Verkindt Mar 26, 2019 ▶ 6:29 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019
Disclosure
Verkindt: OMX charges buy-side clients 3,500 CAD monthly minimum
“The buy side on average is paying about 3500, not on average, the low end is about 3500 a month, and that's in Canadian dollars, so it'd be more in US. And then on the sell side, it's about a 150.”
Nicole Verkindt Mar 26, 2019 ▶ 3:48 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019
Disclosure
Verkindt: OMX Operates Entirely on a SaaS Revenue Model
“It's just all SaaS based, but you're right. It is unique to have a SaaS model in a marketplace.”
Nicole Verkindt Mar 26, 2019 ▶ 2:59 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019
Disclosure
Verkindt Retains Over 50% Majority Control of OMX
“I still have control just over 50%.”
Nicole Verkindt Mar 26, 2019 ▶ 5:09 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019 positive
Assertion Not checkable as stated
Verkindt: OMX Generates Roughly 40% Year-Over-Year Revenue Growth
“It's about 40%.”
Nicole Verkindt Mar 26, 2019 ▶ 10:39 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019
Assertion Not checkable as stated
Nicole Verkindt: OMX Sells Primarily to Governments and Industrial Corporations
“But we, with OMX, we sell to government, but mostly big industrial companies, traditional corporations.”
Nicole Verkindt Mar 26, 2019 ▶ 0:51 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019 negative
Assertion Not checkable as stated
Verkindt: Canada Lacked Early-Stage Venture Capital Around 2012
“I went out to raise a, do a significant VC raise, and I just had a lot of challenges with that process, and I mean, you and I spoke earlier about how much I feel the community has changed, especially in Canada in the last eight years but we had, there wasn't r…”
Nicole Verkindt Mar 26, 2019 ▶ 4:32 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019
Assertion Supported
Verkindt: Regulated Enterprise Bidders Must Report Socioeconomic Impact to Governments
“All the companies in our sectors are required to do this reporting back to government, and they have to do it when they go out to bid for new projects, like a new major infrastructure project, for instance.”
Nicole Verkindt Mar 26, 2019 ▶ 2:26 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
Mar 26, 2019
Disclosure
Verkindt: OMX raised $1M from friends, family, and loans
“We just raised a small amount of capital, about a million dollars from friends and family, and we got some government loans that we've paid back.”
Nicole Verkindt Mar 26, 2019 ▶ 4:12 1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m
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